・The Fed outlined multiple paths for the future of check processing as infrastructure needs grow. ・Digital payments are rising even as check fraud increases and volumes decline. ・Vice Chair Michelle ...

When was the last time you wrote a paper check? If the answer is a long time, that's exactly why the Fed says they're starting to explore winding down their check processing services--a move that ...

The Federal Reserve is asking the public to weigh in on the future of its check-processing operations, signaling that significant cutbacks may be on the table as the use of paper checks in the United ...

The Federal Reserve is considering winding down the checking services it provides for banks, according to CNN. The Fed provides an array of check processing and monitoring services that are critical ...

The Federal Reserve Board has announced that it is formally exploring significant changes to its check-processing services, including the possibility of ending them entirely. In a press release ...

Check payments are slipping toward the margins of American finance just as criminals are finding new ways to exploit them, and the Federal Reserve is now openly weighing whether it should keep ...

View post: Craftsman's 9-drawer organizer is just $28 at Walmart, and it's perfect for DIY storage The Federal Reserve seeks public input on proposed changes to its check processing services. Check ...

IBM and Viewpointe Archive Services LLC said yesterday they will jointly build a national system for banks to store and access billions of digital images of checks and other data to aid in the ...

When it comes to paying for their groceries, consumers still like to whip out their checkbooks. According to a study released by the Food Marketing Institute, Washington, in 2000, checks made up 33% ...

Despite some uncertainty, check-services vendors are gearing up for a potentially big revenue opportunity. "We don't know if major retailers are going to adopt this," says Tom Kettell, vice president ...

Business Federal Reserve to close Charlotte check processing operation, idle 49 workers Decision to move responsibilities to Atlanta is part of nationwide consolidation, spokesperson says. As more ...